A simple artificial life model explains irrational behavior in human decision-making.

PloS One
Carolina Feher da Silva, Marcus Vinícius Chrysóstomo Baldo

Abstract

Although praised for their rationality, humans often make poor decisions, even in simple situations. In the repeated binary choice experiment, an individual has to choose repeatedly between the same two alternatives, where a reward is assigned to one of them with fixed probability. The optimal strategy is to perseverate with choosing the alternative with the best expected return. Whereas many species perseverate, humans tend to match the frequencies of their choices to the frequencies of the alternatives, a sub-optimal strategy known as probability matching. Our goal was to find the primary cognitive constraints under which a set of simple evolutionary rules can lead to such contrasting behaviors. We simulated the evolution of artificial populations, wherein the fitness of each animat (artificial animal) depended on its ability to predict the next element of a sequence made up of a repeating binary string of varying size. When the string was short relative to the animats' neural capacity, they could learn it and correctly predict the next element of the sequence. When it was long, they could not learn it, turning to the next best option: to perseverate. Animats from the last generation then performed the task of predicting the ...Continue Reading

References

Nov 14, 1997·Nephrology, Dialysis, Transplantation : Official Publication of the European Dialysis and Transplant Association - European Renal Association·R G Parry, C Falk
Jan 1, 2007·Indian Journal of Urology : IJU : Journal of the Urological Society of India·N P GuptaR Kumar

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Citations

Nov 12, 2017·Scientific Reports·Carolina Feher da SilvaMarcus Vinícius Chrysóstomo Baldo

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